As of August 28, a total of 17 Zhongshan companies listed in the A-share market have issued semi-annual reports for the first half of 2019. Thirteen of these companies have seen an increase in revenue, and fourteen have realized an increase in net profits attributable to the shareholders of listed companies. Eleven of these flourishing companies have realized an increase in both revenue and net profits.

Among this group of businesses, MLS, Zhongshan Golden Horse, and Ming Yang Smart Energy Group all achieved rapid growth in their operating incomes for the first half of 2019. MLS achieved a total revenue of 9.386 billion yuan, an increase of 34.26% over the same period of last year. Ming Yang Smart Energy rang up revenue of 4.015 billion yuan, a whopping increase of 57.90% over last year. During the same reporting period, Zhongshan Golden Horse saw total revenue of 343 million yuan, an increase of 32.29% over the same period of last year.

The reports show that 11 companies achieved growth in both revenue and net profits that were attributable to their shareholders. Namely, these include Homa, Lifesense, Chant Group, Topstrong, Jianglong Shipbuilding, Pianor, JonjeE Hi-tech, Zhongshan Golden Horse, Zhongshun Group, Tongyu Communication and Ming Yang Smart Energy.

Chant Group exhibited the fastest net profit growth. In the first half of 2019, Chant Group realized revenue of 992 million yuan. This impressive figure represents an increase of 17.13% over last year, while the company's net profits of 95.6328 million yuan were an astounding increase of 208.25% over the previous year.

Since China officially kicked off the commercial 5G era, Zhongshan listed companies in relevant industries have been actively preparing for 5G applications and developing their R&D efforts.

Spokespeople from Lifesense have stated that the company is developing new home intelligent health care products for 5G applications which will thrust the company into an important leading position within the field of 5G intelligent home health care technology. In the first half of 2019, Lifesense's total investment in R&D was 29.2811 million yuan. This significant investment accounts for 8.35% of the company's total revenue, which is a 25% increase from the previous year.

In 2019, faced with a complicated and unstable economic situation at home and abroad, Zhongshan companies achieved steady development by actively exploring markets and increasing their revenue streams.

MSL acquired, through intelligent acquisitions, a number of distribution centers from Ledvance in the USA, Mexico, France, Germany, Russia, Spain, Korea and other places. MSL gained additional sales channels by reaching out to large retailers such as Walmart and Metro. These strategic moves greatly increased the revenue of MSL's overseas business.